Taxes
- Assessed Value: $59,897
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 771 150 001
- Assessed Land Value: 2597
- Market Land Value: 7791
- Market Value: 179691
- Market Year: 2025
501 W Illinois St; Hobbs, NM Property Details
Off market
501 W Illinois St Hobbs, NM 88242
$59,897 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1984
- Open Loans / Balance: 1 / $2,212,466
- Est. Equity / %: $-1,975,466 / -833.53%
- APN: 4 000 771 150 001
- Situs County: Lea
Measurements
- Lot: 33,750/SqFt
Legal Description
- Description: CASITAS DEL NORTE SUB-DIV UNIT 1 LOT 7 VET 5BA45F180FD3
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.786766 / -103.14112
- Subdivision: Casitas Del Norte Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9647
Ownership Info
501 W Illinois St has no associated ownership info
501 W Illinois St has no associated ownership info.
Taxes
501 W Illinois St has 8 associated Taxes items
501 W Illinois St, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $59,897. The APN we've located for 501 W Illinois St is 4 000 771 150 001.
Unlock the full reportTax History
501 W Illinois St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $59,897 | Land Value $2,597 | Improvement Value $57,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $58,152 | Land Value $2,521 | Improvement Value $55,631 | Tax Amount $1,222.24 | Change Rate +0.020021% | Assessed CR | Tax Rate +0.021018% |
| Year 2023 | Assessed Value $56,459 | Land Value $2,448 | Improvement Value $54,011 | Tax Amount $1,198.25 | Change Rate +0.05058% | Assessed CR | Tax Rate +0.021223% |
| Year 2022 | Assessed Value $56,459 | Land Value $2,448 | Improvement Value $54,011 | Tax Amount $1,140.56 | Change Rate +0.036326% | Assessed CR | Tax Rate +0.020202% |
| Year 2021 | Assessed Value $53,219 | Land Value $2,308 | Improvement Value $50,911 | Tax Amount $1,100.58 | Change Rate +0.054751% | Assessed CR | Tax Rate +0.02068% |
| Year 2020 | Assessed Value $51,669 | Land Value $2,241 | Improvement Value $49,428 | Tax Amount $1,043.45 | Change Rate +0.054981% | Assessed CR | Tax Rate +0.020195% |
| Year 2019 | Assessed Value $50,164 | Land Value $2,176 | Improvement Value $47,988 | Tax Amount $989.07 | Change Rate -0.304559% | Assessed CR | Tax Rate +0.019717% |
| Year 2018 | Assessed Value $48,703 | Land Value $2,113 | Improvement Value $46,590 | Tax Amount $1,422.22 | Change Rate +0.031319% | Assessed CR | Tax Rate +0.029202% |
| Year 2017 | Assessed Value $141,852 | Land Value $6,153 | Improvement Value $135,699 | Tax Amount $1,379.03 | Change Rate | Assessed CR | Tax Rate +0.009722% |
| Year 2016 | Assessed Value $137,721 | Land Value $5,973 | Improvement Value $131,748 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $133,710 | Land Value $5,799 | Improvement Value $127,911 | Tax Amount $951.27 | Change Rate | Assessed CR | Tax Rate +0.007114% |
| Year 2014 | Assessed Value $129,816 | Land Value $5,631 | Improvement Value $124,185 | Tax Amount | Change Rate | Assessed CR | Tax Rate |